ES Journal - 2019/2020

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2020 was discounted with 5 weeks of down after an 11 yr bull. I've always wondered why we ever have bear mkts as if you look out 12-18 months your always on the other side of the valley. .
 
Here is a charting of the 60 minute SP. I am looking for the line to hold on this breakout and the SP to continue higher-----much much higher.
upload_2020-7-22_10-14-13.png
 

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The massive upmove in financials that had it's beginnings last week is now afoot and is ready for an absolute explosion upwards.
 
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SammyJ said:
2020 was discounted with 5 weeks of down after an 11 yr bull. I've always wondered why we ever have bear mkts as if you look out 12-18 months your always on the other side of the valley. .
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Exactly. What are the markets moving on now ? Mood and momentum....this from a professor at NYU's Stern School of Business. He says big tech stocks like MSFT are just ATMs right now. This is definitely NOT 1999-2000 for these tech stocks right now. Hate to say this, but "This time It's different"
 
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